Seasonally Adjusted Weekly Jobless Claims Tick Up Slightly

In the week ending March 9, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 6,000 from the previous week’s unrevised level of 223,000. The 4-week moving average was 223,750, a decrease of 2,500 from the previous week’s unrevised average of 226,250.

The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending March 2, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending March 2 was 1,776,000, an increase of 18,000 from the previous week’s revised level. The previous week’s level was revised up 3,000 from 1,755,000 to 1,758,000. The four-week moving average was 1,766,250, a decrease of 1,000 from the previous week’s revised average. The previous week’s average was revised up by 750 from 1,766,500 to 1,767,250.